The Following Items are Required to Underwrite a Full Documentation (FD) Loan Application. Allows for the Highest Loan-to Value (LTV) & has the Lowest Rate.

• Your Social Security number

• Current pay stubs or, if self employed, your tax returns for the past two years

• Bank statements for the past two months

• Investment account statements for the past two months

• Life insurance policy

• Retirement account statements for the past two months

• Make and model of vehicles you own and their resale value

• Credit card account information

• Auto loan account information

• Value of other assets: Art; Antiques; Collectibles; Household Furnishings; Recreational Vehicles; Pleasure Craft; Etc.

• Personal loan account information

• Mortgage account information on all properties owned

• Total amount of properties owned

• Annual property taxes

• Home Owner Association dues

• Amount of rental income

• Home insurance policy information

• Home equity account information 

Stated Income - Verified Assets (SIVA) Loan Application is still available at a lower LTV than FD. (Mid-Rate)

Stated Income - Stated Assets (SISA) Loan Application is still available at a lower LTV than SIVA. (Highest Rate)

Below are websites for careers and earnings. Underwriters use these sites to check if stated income appears reasonable.